931 &Amp 931 1/2 S Fancher Street 505 E Gaylord St Mt Pleasant, MI 48858
Listing Courtesy of: NORTHERN GREAT LAKES / Coldwell Banker Mt. Pleasant Realty / Deb Morris

  931 &Amp 931 1/2 S Fancher Street 505 E Gaylord St Mt Pleasant, MI 48858

Active (48 Days)
$366,900
5
BED
2
BATH
2,509
SQFT

Description

LOOKING TO START YOUR INVESTMENT PORTFOLIO? LET THE TENANTS PAY YOUR MORTGAGE ON THE CAMPUS OF CMU WITH THIS 3 UNIT LICENSED RENTAL INCOME PRODUCING PROPERTY. YOU COULD HAVE TRI-PLEX INCOME IF YOU ARE AN INVESTOR. CURRENT OWNER OCCUPIES MAIN HOUSE AND HAS 2 INCOME STREAMS FROM THIS OFFERING. THIS OWNER HAS TALENT FIXING UP HIS REAL ESTATE WITH REFINISHED WOOD FLOORS, QUALITY PAINTED ROOMS THROUGH OUT THIS MAIN HOUSE AND APARTMENT. MAIN HOUSE (931) OFFERS SPACIOUS ROOMS, UPDATED FLOORING, A WELCOMING FRONT ENTRY PORCH, ENTERTAINING KITCHEN WITH BREAKFAST NOOK OVERLOOKING THE BACKYARD WITH LARGE WINDOWS, LARGE LIVING ROOM, AND LARGE DINING ROOM. MAIN FLOOR BEDROOM IN 931 COULD BE AN OFFICE OR DEN. BOTH BATHRMS UPDATED. 2ND FLOOR HAS MASTER ON-SUITE OFFERS FRESHLY REMODELED BATHROOM WITH NEW WALKIN CLOSET AND 2 OTHER LARGE BEDROOMS. NEW CARPETING IN THIS MAIN HOUSE WITH ALL FRESHLY PAINTED WALLS CEILINGS, PORCH. SO MUCH LOVE AND MONEY PUT INTO THIS HOME WITH NEW FURNACE (CARRIER) NEW CENTRAL AIR, UPDATED ELECTRICAL, UPDATED PLUMBING, MANY NEW WINDOWS, NEW KITCHEN HARDWARE, & NEW KITCHEN STOVE! GREAT ENTERTAINING BACKYARD PRIVACY FENCE, WITH TWO SELF WATERING NEW LARGE RAISED GARDENS. 931 1/2 APT: HAS NEW WINDOWS IN APARTMENT, NEW BATHROOM, BUILT IN FRIDGE, AND NEW FLOORING. OTHER IS BEDROOM AND FAMILY ROOM IS 13.4X10. 505 E GAYLORD HOUSE (EAST SIDE) HAS 3 BED, 1 BATH 1350 SQ FT. CURRENT RENTS TOTAL $1600/MO. YOU COULD RENT THE MAIN HOUSE FOR 1600-2000 /MO. AND COLLCT $3200 PER MONTH POTENTIALLY!!! NATURAL LIGHT, NATURAL GAS, SPECTRUM HIGH SPEED INTERNET OFFERED, REPLACEMENT WINDOWS, LOTS OF UPDATES, CORNER LOT, ON CAMPUS OF CMU. GREAT INVESTMENT! TWO HOMES WITH THIS PACKAGE. 931 S FANCHER & 931 1/2 S FANCHER ($231,900 mkt val.) 505 GAYLORD WAS RECENTLY SPLIT OFF THE MAIN PARCEL (505-Mtk value $135k). ALL THREE UNITS MUST SELL TOGETHER. GRAB THIS BEFORE ITS GONE!!!! ALL MEASUREMENTS ARE M/L AND BUYER TO VERIFY.

MLS #:
1919798
Taxes
$4,547
Lot Size
9,583 SQFT
Type
Single-Family Home
Year Built
1894
Style
Farm House, Apartment, In-Law Suite or Apartment, 2 Story
School District
Mount Pleasant City School Distr
County
Isabella County
Community
City of Mt. Pleasant

Listed By

Deb Morris, Coldwell Banker Mt. Pleasant Realty
Source
NORTHERN GREAT LAKES
Last checked Apr 19 2024 at 6:28 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Workshop
  • Den/Study
  • Formal Dining Room
  • Island Kitchen
  • Breakfast Nook
  • Pantry
  • Smoke Alarms(s) Walk-In Closet(s)
  • Natural Gas Water Heater
  • Curtain Rods
  • Blinds
  • Dryer
  • Washer
  • Dishwasher
  • Disposal
  • Oven/Range
  • Refrigerator
Lot Information
  • Level
Property Features
  • Foundation: Stone
  • Foundation: Block
  • Foundation: Michigan Basement
  • Foundation: Partial
Heating and Cooling
  • Central Air
  • Forced Air
Exterior Features
  • Vinyl
  • Roof: Asphalt
Utility Information
  • Sewer: Municipal
  • Energy: Low-E Windows, Energy Star Appliances
Stories
  • 2 Story
Living Area
  • 2,509 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Copyright 2024 Northern Great Lakes Realtors MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/18/24 23:28